Apple ‘Very Cheap, Even More Cheap Now on the Numbers’: Tocqueville CEO

By Brendan Conway

The iPad maker’s stock is “very cheap, even more cheap now on the numbers, but it’s no longer deified,” Robert Kleinschmidt says in a an interview with Consuelo Mack WealthTrack. ”On the contrary, people are very skeptical about Apple these days…I love that!” Shares are just above $437 Thursday afternoon.

The full interview is slated for tomorrow evening, Friday May 17 at 7:30 on public television. Check your local listings. Here’s the excerpt:

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There are 3 comments

MAY 16, 2013 2:33 P.M.

VARINVEST wrote:

This are the kind of pundits who are crying that apple is cheap,totally wrong,their inflated profitmargins are unsustainable,look to a chart of Nokia.

MAY 16, 2013 2:45 P.M.

trogger wrote:

The smart money has been buying on every dip.

MAY 16, 2013 3:38 P.M.

suddencall wrote:

Apple Makes over a billion dollars a week and these talking heads say it is failed company . Hell if it lost half its margin it would still make more than 3/4's of the listed companies in the market today. GO FIGURE.

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Chris Dieterich has covered the U.S. stock market for The Wall Street Journal and Dow Jones Newswires. He is a graduate of Regis University and the Missouri School of Journalism.